FAQs

Q: What is the fund's investment style?

    The fund will invest primarily in companies whose business activity is centered on the Internet. Investment categories include:
    • Media and content: Companies that provide information and entertainment services over the Internet, supported by subscriptions, advertising, and/or transactional revenues.
    • E-commerce: Companies that sell goods and services using the Internet, and companies that distribute products directly over the Internet.
    • Infrastructure: Companies that develop and manufacture solutions to enable businesses to implement Internet strategies.
    • Communications: Companies engaged in the transmission of voice, video, and data, with emphasis on providers of high-speed Internet access.
      •
Q: How do I buy shares? Q: What is the minimum investment?
    There is a minimum investment of $2,500. If you wish to invest under the Uniform Gift to Minor's Act, a 401(k) plan, a Keogh plan, or some other pension or profit-sharing account, the minimum investment is $1,000. Once you have an account, there is a $100 minimum to purchase additional fund shares.
Q: How do I transfer my qualified retirement plan? Q: Where can I get daily NAV information?
    Daily NAV information will be available on our homepage or by calling 888-JACOB-FX. The Wall Street Journal's policy is to publish the NAV once a fund's assets top $25 million. The policy for other newspapers varies and is up to the discretion of the publisher.
Q: What is the fund's ticker symbol?
    The Jacob Internet Fund's Ticker Symbol is "JAMFX".
Q: How do I buy or sell shares online or by telephone? Q: Is my fund supermarket a distributor of the fund?
    Please refer to our Where to Buy section for information about our distribution partners. We will work to add new dealers in the future.
Q: What are the fund's expenses?
    Please refer to the most current Fund Prospectus located in the Prospectus section of this website.
Q: Does the fund offer automatic investment or withdrawal plans?
    The fund does offer automatic investment and withdrawal plans. Please contact US Bancorp to set up your account for automatic investment or withdrawal. For automatic investment plans, the minimum investment amount per period is $100. For automatic withdrawal plans, you must have at least $10,000 in your account and make withdrawals of at least $100 per period. Such a plan does not assure a profit and does not protect against a loss in declining markets.
Q: Where can I get information on the fund's proxy voting policies and record?
    A description of the policies and procedures that the fund uses to determine how to vote proxies relating to portfolio securities is available by calling toll-free 1-888-JACOB-FX (1-888-522-6239). The proxy voting record for the most recent 12-month period (ending annually on June 30) is available upon request free of charge. The record can also be viewed on the SEC website at http://www.sec.gov.
Q: Does the fund charge any redemption fees?
    The Board of Directors approved a short-term trading redemption fee, effective January 1, 2005, to be assessed on any fund shares sold (by redemption, whether voluntary or involuntary, or exchange) within 30 days of the purchase date. The fee will equal 2% of the amount redeemed (using standard rounding criteria). Shares held the longest will be treated as being redeemed first and shares held the shortest as being redeemed last. The fee may be collected by deduction from the redemption proceeds or, if assessed after the redemption transaction, by billing you. The redemption fee is imposed to discourage short-term trading and is paid to the fund to help offset any cost associated with such short-term trading.

If you still require additional information, please contact the fund's transfer agent US Bancorp at 888-JACOB-FX (888-522-6239).